07-17-2024, 12:32 PM
(07-17-2024, 08:41 AM)pally Wrote: yeah, but the cap is the only known part of the equation on the expense side. Obviously, there are many many millions of expenses in addition to the cap
We actually can look to the Packers for an idea. Packers books are public to an extent and we know they are working at roughly a 10% profit margin, 12% last year) before their own personal investments take hold. Now their expenses can be different, and their local revenue can also be different, but I think this gives us a general idea of where a smaller market team COULD be.
I would guess the Bengals are probably netting out somewhere around $50 Million a year give or take $10 Million based on their own team investments.
